U.S. SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request

The request for Gensler’s private communications seems to have been a bridge too far for the SEC, which has described the subpoena as a “blatant impropriety.” In a letter to the courtroom on June 28, the SEC argued that the decide overseeing the case, District Decide Katherine Polk Failla of the Southern District of New York (SDNY), ought to reject Coinbase’s request.